The Supreme Court has ruled that tax authorities must specify factual grounds in show-cause notices alleging fraud under Section 74 of the CGST Act, limiting the use of extended limitation periods. The Supreme Court has said tax authorities cannot use…
India’s small-cap segment experiences a widening gap between winners and the broader market, raising concerns about a narrow rally supported by expensive valuations despite strong earnings growth. India’s small-cap rally is looking increasingly narrow, even as the headline index pushes…
India’s markets regulator SEBI is launching the IT Resilience Index (ITRI), a pioneering framework quantifying the robustness of trading, clearing, and settlement systems to modern cyber threats and operational shocks, setting a new benchmark for global financial resilience standards. India’s…
Wrapping bank cards in aluminium foil can block some RFID signals but provides only narrow security benefits. Experts emphasise that social engineering scams, where fraudsters trick individuals into revealing personal details, remain the primary threat, urging consumers to stay vigilant…
Pine Labs ramps up its AI initiatives with a ₹24 crore investment, driving automation, launching AI-driven payment protocols, and achieving its first full-year profit, signalling a major shift in Indian fintech innovation. Pine Labs has stepped up its artificial intelligence…
India’s cybercrime agency has ordered Google to remove three more malicious loan apps, escalating efforts to combat online fraud and protect personal data amidst wider scrutiny of digital lenders and fake banking websites. India’s cybercrime agency has ordered Google to…
Majestic Auto commences a significant resolution plan for Sharan Hospitality following a Supreme Court directive, signalling a strategic pivot towards asset monetisation and disciplined capital allocation amid a transformation into an asset-driven real estate and facility management firm. Majestic Auto…
The shift from periodic to continuous risk assessment in financial compliance, driven by AI and improved data, promises faster response to fraud and ownership changes, transforming industry standards. Financial institutions are moving beyond the old idea that customer risk can…
Indian small-cap shares are leading market gains this year, supported by strong earnings growth and investor rotation, though valuations appear stretched according to analysts. Indian small-cap shares have been among the strongest parts of the market this year, outpacing larger…
The Reserve Bank of India has introduced a revised framework enabling smaller non-banking financial companies with assets below ₹1,000 crore to potentially operate without mandatory RBI registration, signalling a significant regulatory shift. The Reserve Bank of India has opened a…
